Befesa stock trades at EUR 32.98 ahead of quarterly results

Published on 10/21/2026 at 11:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS raised its target from EUR 47 to EUR 50 on October 13, 2026. Befesa stock costs EUR 32.98 on October 21, 2026, 0.40 percent above Xetra close.

Upcoming report and operating progress

Befesa is scheduled to publish its third-quarter statement on October 29, 2026.
Adjusted EBITDA rose 17.00 percent to EUR 66.00 million in the second quarter of 2026.
Befesa stock trades at EUR 32.98 at 11:20 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.40 percent above the Xetra close of October 20, 2026.

Aquarellmalerei von Luxemburg City mit Alzette-Tal, Altstadt und Industriehorizont — Befesa S.A. hat seinen eingetragenen Firmensitz in der Hauptstadt Luxemburg, ISIN LU1704650164, Illustration mit AI erstellt.

Befesa stock (ISIN LU1704650164) was trading at EUR 32.98 at Lang & Schwarz on October 21, 2026 at 11:20 a.m. CEST, up 0.40 percent versus the Xetra close of October 20, 2026 at EUR 32.85. The next company event is the third-quarter statement and conference call scheduled for October 29, 2026, according to EQS News.

Recycling results improved in 2026

Befesa's second-quarter adjusted EBITDA reached EUR 66.00 million, an increase of 17.00 percent from the year-earlier period, according to the company's July 29, 2026 release listed by EQS News. The figure gives the October report a clear operating benchmark.

The chronology is compact: on April 30, 2026, adjusted EBITDA reached EUR 58.00 million, up 4.00 percent year over year; on July 29, 2026, second-quarter adjusted EBITDA rose 17.00 percent to EUR 66.00 million; on September 29, 2026, Befesa received a rating upgrade to BB+ from S&P Global Ratings, as reported by S&P Global Ratings.

What does the target gap mean?

UBS raised its price target from EUR 47.00 to EUR 50.00 on October 13, 2026 and retained its Buy rating, according to MarketScreener. The EUR 50.00 target stands 51.61 percent above the Lang & Schwarz price. Jefferies cut its target from EUR 45.00 to EUR 44.00 while keeping a Buy rating, citing expectations for a weaker third quarter, according to MarketScreener.

October 29 brings the next test

The next dated milestone is October 29, 2026, the third-quarter statement and conference call. Befesa operates in steel dust recycling and aluminum salt slags recycling, with the second-quarter EBITDA figure and analyst revisions setting the main reference points for the release.

Stock remains inside yearly range

Befesa's 52-week range is EUR 26.60 to EUR 38.10, while its market capitalization is EUR 1.3 billion as of October 21, 2026. The company is listed on Xetra and is a member of the SDAX.

Befesa was trading at EUR 32.98 at Lang & Schwarz on October 21, 2026 at 11:20 a.m. CEST, 0.40 percent above the Xetra close of October 20, 2026 at EUR 32.85. The further course of trading is shown by the continuously updated real-time quote of Befesa stock.